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Risk Identification for Outbound Road Freight Transportation Service

Thutchanan Sangwan and Jirapan Liangrokapart

A chapter in Innovations and Strategies for Logistics and Supply Chains: Technologies, Business Models and Risk Management, 2015, pp 391-417 from Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management

Abstract: The start of Asian Economic Community (AEC) at the end of 2015 will strengthen Thailand's position as a transportation hub for the Greater Mekong Sub region (GMS). It has increased Thailand's opportunities for cross-border trades and importexport shipments especially between Thailand and its four immediate neighbors - Myanmar, Malaysia, Laos, and Cambodia. The major mode of transportation among these countries is the road transportation. Fierce competition will occur as professional multinational logistics companies owned by foreigners will use their competitive advantage to get the major market shares and compete with local logistics providers. To survive the competition under the AEC, local logistics firms should identify the risks for their logistics services among the neighboring countries and find avenues to manage the risks. This paper studied relevant literatures and summarized the risks related to the Outbound Road Freight Transportation Service. The risks have been validated by industry experts, the effect of each risk on key performance indicator has been analyzed, and suggestions for mitigating the risks have been included.

Keywords: Risk Identification; Outbound Road Freight Transport; ASEAN Economic Community (AEC); Logistics Service Provider (search for similar items in EconPapers)
Date: 2015
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